Common use of Acquisitions; Additional Branch Offices Clause in Contracts

Acquisitions; Additional Branch Offices. Directly or indirectly (i) acquire or merge with, or acquire any branch or all or any significant part of the assets of, any other person or entity, (ii) open any new branch office, or (iii) enter into or become bound by any contract, agreement, commitment or letter of intent relating to, or otherwise take or agree to take any action in furtherance of, any such transaction or the opening of a new branch office.

Appears in 9 contracts

Samples: Merger Agreement (New Century Bancorp Inc), Merger Agreement (New Century Bancorp Inc), Merger Agreement (Waccamaw Bankshares Inc)

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Acquisitions; Additional Branch Offices. Directly or indirectly (i) acquire i)acquire or merge with, or acquire any branch or all or any significant part of the assets of, any other person or entity, (ii) open any new branch office, or (iii) enter into or become bound by any contract, agreement, commitment or letter of intent relating to, or otherwise take or agree to take any action in furtherance of, any such transaction or the opening of a new branch office.

Appears in 3 contracts

Samples: Merger Agreement (Integrity Financial Corp), Merger Agreement (FNB Corp/Nc), Merger Agreement (Crescent Financial Corp)

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